Turns out he was right. Very helpful warning when MON was still trading at 0.035.
I've never sold any MON, though. Instead, I bought more at 0.03 and 0.027. Ouch.
I thought comparing to XPL and BERA was wrong, but market has in fact been treating MON exactly like those.
But I don't plan to sell. Monad is fundamentally very strong. It will lead whenever we finally recover.
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